Parsons Capital Management Inc. RI Has $4.32 Million Stock Position in Vanguard Growth ETF (NYSEARCA:VUG)

Parsons Capital Management Inc. RI increased its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 1.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,520 shares of the company’s stock after purchasing an additional 149 shares during the period. Parsons Capital Management Inc. RI’s holdings in Vanguard Growth ETF were worth $4,318,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in VUG. Squarepoint Ops LLC grew its stake in Vanguard Growth ETF by 502.1% in the second quarter. Squarepoint Ops LLC now owns 7,316 shares of the company’s stock valued at $2,736,000 after acquiring an additional 6,101 shares during the period. AQR Capital Management LLC lifted its holdings in shares of Vanguard Growth ETF by 633.9% in the second quarter. AQR Capital Management LLC now owns 6,847 shares of the company’s stock valued at $2,561,000 after purchasing an additional 5,914 shares in the last quarter. Texas Capital Bank Wealth Management Services Inc lifted its holdings in Vanguard Growth ETF by 41.8% during the second quarter. Texas Capital Bank Wealth Management Services Inc now owns 957 shares of the company’s stock worth $358,000 after acquiring an additional 282 shares during the period. Creative Planning raised its stake in shares of Vanguard Growth ETF by 0.3% in the second quarter. Creative Planning now owns 267,534 shares of the company’s stock valued at $100,061,000 after buying an additional 808 shares during the period. Finally, Magnolia Capital Advisors LLC bought a new stake in shares of Vanguard Growth ETF in the second quarter valued at $86,256,000.

Vanguard Growth ETF Price Performance

Shares of VUG opened at $411.63 on Monday. The firm has a market cap of $141.80 billion, a PE ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a 1 year low of $317.59 and a 1 year high of $428.69. The stock’s fifty day moving average price is $415.22 and its two-hundred day moving average price is $391.35.

Vanguard Growth ETF Profile

Vanguard Growth Index Fund, formerly Vanguard Growth ETF, is an exchange-traded share class of Vanguard Growth Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the MSCI US Prime Market Growth Index (the Index). The Index is a diversified index of growth stocks of large United States companies.